Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

9/30/2015
12:00 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Fifth Annual Study on Cyber Claim Costs Released

NetDiligence(R) Publishes 2015 Study of Actual Claim Payouts

FOSTER CITY, Calif., September 30, 2015 – Norse, the leader in live attack intelligence, today announced the successful closing of its Series A1 round of funding led by a strategic investment from KPMG Capital, KPMG International’s global investment fund. The investment will enable KPMG’s member firms to offer Norse threat intelligence products and services to clients through the KPMG network’s global cyber security practice. The remainder of the $11.4 million total raised in this round was provided by a group of existing investors, and the funds will be used by Norse primarily to bolster the company’s product development efforts and accelerate the expansion of its global sales organization to capitalize on high-growth market opportunities abroad.

The additional Series A1 funding now brings the total venture funding raised by Norse to $42 million.

“KPMG clearly understands the complex challenges that public and private organizations face and that threat intelligence and the insights that it brings are at the heart of the next generation of information security.  They also have a strong presence in the parts of the world where we see our greatest opportunities for growth,” said Norse CEO Sam Glines.  “KPMG Capital’s strategic investment in Norse is a strong endorsement of our technology and our approach, and we are thrilled to have our efforts recognized by such an established and highly regarded global consultancy with deep business and technology experience.”

“As trusted advisors to governments and industries around the world, KPMG member firms work to find smart, creative and forward-thinking technologies like Norse threat intelligence solutions to help address cyber security challenges,” said Mark Toon, CEO, KPMG Capital. “Through KPMG Capital’s strategic investment in Norse, we can ensure that clients will benefit from their industry-leading technologies today and in the future.”

Norse has already taken important steps towards achieving its product development and sales expansion goals.  Norse recently announced the appointment of Andrew Lewman to the newly created position of vice president of data development, where he will extend Norse’s lead in gathering, processing and applying live threat intelligence for the next generation of enterprise security solutions.  Norse also named David Weier, an accomplished sales executive with more than 20 years of experience building and leading high-performance sales teams, as senior vice president of worldwide sales.

Norse’s family of enterprise threat intelligence solutions includes the Norse Appliance™ 10g and the Norse Intelligence Service™, a turnkey “early-warning-as-a-service” that helps large financial services firms and government agencies quickly identify compromised systems, spot malicious activity and track attacks while they are still under way.

By analyzing the large amount of data that comes through its network, Norse’s suite of solutions gives organizations the ability to instantly assess the risk level and threat context of connections both inside and outside their networks. Threats are identified in near real time, allowing companies to block the sources of threats as they happen.

Norse’s in-house team of cyber intelligence and counterintelligence fusion analysts, many recruited directly from military and government intelligence organizations, are at the core of the Norse Threat Intelligence Service.  These security professionals deeply understand the wider threat landscape and each customer’s incident response options and offer the crucial human touch missing from fully automated solutions.

About KPMG Capital

KPMG Capital Limited and KPMG Capital Holding Limited comprise an investment fund for KPMG member firms. The investment fund is not open to third-party investment and will not, itself, provide professional services to clients.  KPMG Capital Limited and KPMG Capital Holding Limited are legally distinct and separate from KPMG International Cooperative and each KPMG member firm.

Like every member firm in the KPMG global network, KPMG Capital, and the entities it invests in, is subject to the same rules and regulations promulgated by the regulatory, bodies responsible for establishing standards for auditor Independence (for example, the US SEC, PCAOB, AICPA, IESBA and those established by the various countries in which the investments reside). These rules apply to member firms, the individuals at such member firms and the targets for potential joint venture, alliance or acquisition related to the activities of KPMG Capital. All existing Independence protocols apply to KPMG Capital.

About KPMG International

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 155 countries and have more than 162,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

About Norse

Norse is the global leader in live attack intelligence, helping companies block the threats that other systems miss. Serving the world’s largest financial, government and technology organizations, Norse intelligence dramatically improves the performance, catch-rate and return-on-investment of the entire security infrastructure. The Norse Intelligence Network, a globally-distributed distant early warning grid of millions of sensors, honeypots, crawlers and agents, delivers unmatched visibility into difficult-to-penetrate geographies and darknets, where bad actors operate. Norse processes hundreds of terabytes daily against a 7 petabyte attack history database, and weighs over 1,500 variables to compute real-time risk scores for millions of IP addresses and URLs every day. For more information, visit www.norsecorp.com.

 

 

# # #

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
DevSecOps: The Answer to the Cloud Security Skills Gap
Lamont Orange, Chief Information Security Officer at Netskope,  11/15/2019
Attackers' Costs Increasing as Businesses Focus on Security
Robert Lemos, Contributing Writer,  11/15/2019
Human Nature vs. AI: A False Dichotomy?
John McClurg, Sr. VP & CISO, BlackBerry,  11/18/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: -when I told you that our cyber-defense was from another age
Current Issue
Navigating the Deluge of Security Data
In this Tech Digest, Dark Reading shares the experiences of some top security practitioners as they navigate volumes of security data. We examine some examples of how enterprises can cull this data to find the clues they need.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-15073
PUBLISHED: 2019-11-20
An Open Redirect vulnerability for all browsers in MAIL2000 through version 6.0 and 7.0, which will redirect to a malicious site without authentication. This vulnerability affects many mail system of governments, organizations, companies and universities.
CVE-2019-15072
PUBLISHED: 2019-11-20
The login feature in "/cgi-bin/portal" in MAIL2000 through version 6.0 and 7.0 has a cross-site scripting (XSS) vulnerability, allowing execution of arbitrary code via any parameter. This vulnerability affects many mail system of governments, organizations, companies and universities.
CVE-2019-15071
PUBLISHED: 2019-11-20
The "/cgi-bin/go" page in MAIL2000 through version 6.0 and 7.0 has a cross-site scripting (XSS) vulnerability, allowing execution of arbitrary code via ACTION parameter without authentication. The code can executed for any user accessing the page. This vulnerability affects many mail syste...
CVE-2019-6176
PUBLISHED: 2019-11-20
A potential vulnerability reported in ThinkPad USB-C Dock Firmware version 3.7.2 may allow a denial of service.
CVE-2019-6184
PUBLISHED: 2019-11-20
A potential vulnerability in the discontinued Customer Engagement Service (CCSDK) software version 2.0.21.1 may allow local privilege escalation.